Stock Market News Today: Indexes Rise but Are on Pace for Losing Weeks – Markets Insider

US stocks climbed Friday as a slate of upbeat earnings reports rolled in, though indexes remain on track to finish lower for the week.
Shares of Foot Locker jumped more than 16%, Gap climbed 9%, and Palo Alto Networks moved 7% higher. Ross Stores, Live Nation, and Applied Materials all ticked higher, too. 
But for the week, the Dow is down 0.6%, the S&P 500 is off by 1.2%, and the Nasdaq is 1.6% lower, as investors weighed hawkish comments from Fed officials.
On Thursday, St. Louis Fed President James Bullard made the case for additional rate hikes. 
“Thus far, the change in the monetary policy stance appears to have had only limited effects on observed inflation, but market pricing suggests disinflation is expected in 2023,” he said. “To attain a sufficiently restrictive level, the policy rate will need to be increased further.”Here’s where US indexes stood as the market opened 9:30 a.m. on Friday: 
Here’s what else is happening: 
In commodities, bonds, and crypto: 
Read next
Indices
Commodities
Currencies
Stocks

source